United Bancshares, Inc. (UBOH)

United Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	47.16	42.81	38.66	31.2	33.72	35.7
Interest Income on Investments	10.48	10.48	8.54	7.74	5.08	4.33
Total Interest Income	57.64	53.28	47.2	38.94	38.8	40.03
Interest Paid on Deposits	19.04	19.53	12.7	2.32	2.28	4
Interest Paid on Borrowings	1.46	1.46	1.4	0.94	0.79	2.99
Total Interest Expense	20.49	20.99	14.09	3.26	3.07	6.99
Net Interest Income	37.15	32.3	33.11	35.68	35.74	33.04
Net Interest Income Growth (YoY)	20.95%	-2.44%	-7.22%	-0.14%	8.15%	14.35%
Gain (Loss) on Sale of Investments	-0.01	-0.01	-0.07	-0.11	-0.02	0.29
Other Non-Interest Income	3.49	4.19	4	6.97	2.8	1.47
Total Non-Interest Income	7.72	8.42	7.38	9.95	17.35	27
Non-Interest Income Growth (YoY)	-1.24%	14.16%	-25.91%	-42.61%	-35.76%	106.61%
Revenues Before Loan Losses	44.87	40.72	40.48	45.64	53.08	60.04
Provision for Loan Losses	-0.31	-1.11	-0.39	-1	0.3	6.2
Revenue	45.17	41.83	40.87	46.64	52.78	53.84
Revenue Growth (YoY)	14.93%	2.35%	-12.36%	-11.64%	-1.97%	30.01%
Salaries and Employee Benefits	15.18	15.18	15.56	18.23	20.52	21.96
Selling, General & Administrative	5.56	5.56	5.69	6.41	4.67	3.79
Other Non-Interest Expense	11.79	11.18	10.33	9.48	11.52	11.41
Total Non-Interest Expense	32.53	31.92	31.58	34.11	36.71	37.17
EBT Excluding Unusual Items	12.64	9.92	9.29	12.52	16.08	16.68
Pretax Income	12.64	9.92	9.29	12.52	16.08	16.68
Income Tax Expense	1.24	0.76	0.68	1.21	2.49	2.92
Net Income	11.41	9.16	8.61	11.31	13.58	13.76
Net Income to Common	11.41	9.16	8.61	11.31	13.58	13.76
Net Income Growth	42.96%	6.38%	-23.91%	-16.72%	-1.26%	29.02%
Basic Shares Outstanding	3	3	3	3	3	3
Diluted Shares Outstanding	3	3	3	3	3	3
Shares Change (YoY)	-1.72%	-2.67%	-5.79%	-2.20%	0.96%	0.89%
EPS (Basic)	3.84	3.06	2.80	3.47	4.14	4.21
EPS (Diluted)	3.84	3.06	2.80	3.46	4.07	4.16
EPS Growth	45.53%	9.29%	-19.07%	-14.99%	-2.16%	28.00%
Dividend Per Share	0.900	0.880	0.880	0.840	0.730	0.510
Dividend Growth	2.27%	-	4.76%	15.07%	43.14%	-1.92%
Effective Tax Rate	9.78%	7.68%	7.35%	9.69%	15.52%	17.52%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.